Guideline 20. Implementing rules and regulations for legislation, policy or decree

Guideline 20. Implementing rules and regulations for legislation, policy or decree

App folder
sites/default/files/images/guidelines/COLL02-GL20/
Guideline code
GG_02700
Old code
COLL02-GL20
Weight
26

Extension of coverage to difficult-to-cover groups

In the current context of the pension scheme in Korea, low-income employees at small businesses have a higher risk of falling into a blind spot, not covered or benefiting from the social insurance, as they are reluctant to enroll due to the financial burden the pension contributions place on both employers and employees. The Korean society recognized the need to strengthen the social safety net for the vulnerable, particularly those at the lower end of the wage scale.